After 118 days of striking, Hollywood’s actors and studios have reached a preliminary labor agreement. The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) announced that a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) has been approved by the SAG-AFTRA TV/Theatrical Committee in a unanimous vote.
The strike, which began in mid-July, brought negotiations to a halt with major studios including Disney, Paramount, Universal, Netflix, and Warner Bros. Discovery. The strike was initiated as performers sought to improve wages, working conditions, and health and pension benefits, as well as establish guardrails for the use of AI in future television and film productions. Additionally, the union sought greater transparency from streaming services about viewership in order to ensure equitable residual payments.
The tentative agreement will go to the national board of SAG-AFTRA for “review and consideration” on Friday, with further details to be released following the meeting. The strike is set to officially end at 12:01 a.m. Thursday, marking the conclusion of a prolonged period of labor unrest in the entertainment industry.
The agreement comes after studios put forth their “last, best and final offer” over the weekend, indicating that they would not make further concessions. SAG-AFTRA spent time evaluating the deal over Sunday and Monday. This deal follows a similar agreement reached by SAG-AFTRA’s sister guild, the Writers Guild of America, with studios, which ended its own strike.
The agreement is a significant development for the entertainment industry as it marks the end of a prolonged period of labor unrest and signals a path toward resolution of issues that have been at the center of the strike. This deal could have significant implications for the future of labor relations in Hollywood.
The studios involved in the negotiations with SAG-AFTRA are part of the Alliance of Motion Picture and Television Producers (AMPTP), which has been engaged in discussions with various entertainment industry unions to address a range of labor issues. The agreement brings a resolution to an extended period of strain between the actors and the studios and could have lasting impact on the future of labor negotiations in the entertainment industry.
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